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The National Water Supply and Drainage Board (commonly abbreviated as NWSDB) is the National Organization responsible for the provision of safe drinking water and facilitating the provision of sanitation to the people in Sri Lanka. The organization had its beginning as a subdepartment under the Public Works Department for water supply and drainage.
The Board of Investment of Sri Lanka (BoI) (Sinhala: ශ්රී ලංකා ආයෝජන මණ්ඩලය Shri Lanka Ayojana Mandalaya) is the investment promotion agency of Sri Lanka. It was established in 1992, expanding the scope of the Greater Colombo Economic Commission (GCEC) which was formed in 1978. [ 2 ]
Services accounted for 58.2% of Sri Lanka's economy in 2019 up from 54.6% in 2010, industry 27.4% up from 26.4% a decade earlier and agriculture 7.4%. [41] Though there is a competitive export agricultural sector, technological advances have been slow to enter the protected domestic sector. [42]
Sri Lanka Ecotourism Foundation aims to use tourism as a tool to support the social and economic development or rural communities throughout Sri Lanka. The foundation has been leading poverty alleviation programs through ecotourism and is motivating local communities to take part in community based ecotourism and nature conservation projects.
Port City Colombo is located in the metropolis of Colombo, Sri Lanka, which is positioned within South Asian trade routes. The master-planned city is to be constructed between the southern edge of the new Colombo South Port and the Fort Lighthouse. The total area of sea to be reclaimed is 269 ha (660 acres). [1] [2]
In 2011, the Ceylon Electricity Board opened a new coal power plant named Puttalam Lakvijaya. On 13 February 2011 it was synchronized with the system. [13] On 17 September 2014, US$1.35 billion coal-fired Norochcholai Power Station was commissioned by the Chinese President Xi Jinping on his visit to Sri Lanka.
However, it was the Sri Lanka Electricity Act, No. 36 of 2024, that marked a major overhaul of the sector. This act established the National Electricity Advisory Council and designated the Public Utilities Commission of Sri Lanka (PUCSL) as the main regulator. The 2024 Act promotes market competition, facilitates private sector investment, and ...
LECO partnered with the University of Moratuwa to begin a microgrid pilot project in Sri Lanka with financial assistance from the Asian Development Bank.The aim of the project is to contribute to Sri Lanka's stated target of 70% of power generation through renewable sources by 2030. 32,411 rooftop solar units have already been installed in the country as of April 2021, with a total capacity of ...